TIPEE: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
TIPEE
Largest movements
- Receivables within one year +€21,306
up €21,306 (+10.5%), from €202,982 to €224,287
- Reserves +€22,279
up €22,279 (+5.3%), from €423,404 to €445,684
of which Distributable reserves: +€22,279
- Gross operating margin +€688
up €688 (+2.1%), from €32,658 to €33,346
- Taxes +€361
up €361 (+4.3%), from €8,332 to €8,693
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €621,158 | €642,494 | +€21,337 | +3.4% |
| Fixed assets | 21/28 | €417,701 | €417,701 | = | 0.0% |
| Tangible fixed assets | 22/27 | €21,071 | €21,071 | = | 0.0% |
| Land and buildings | 22 | €21,071 | €21,071 | = | 0.0% |
| Financial fixed assets | 28 | €396,630 | €396,630 | = | 0.0% |
| Current assets | 29/58 | €203,457 | €224,794 | +€21,337 | +10.5% |
| Amounts receivable within one year | 40/41 | €202,982 | €224,287 | +€21,306 | +10.5% |
| Other amounts receivable | 41 | €202,982 | €224,287 | +€21,306 | +10.5% |
| Cash at bank and in hand | 54/58 | €21 | €44 | +€23 | +106.4% |
| Deferred charges and accrued income | 490/1 | €454 | €463 | +€8 | +1.8% |
| Total equity and liabilities | 10/49 | €621,158 | €642,494 | +€21,337 | +3.4% |
| Equity | 10/15 | €599,409 | €621,688 | +€22,279 | +3.7% |
| Contributions | 10/11 | €176,004 | €176,004 | = | 0.0% |
| Capital | 10 | €176,004 | €176,004 | = | 0.0% |
| Issued capital | 100 | €176,004 | €176,004 | = | 0.0% |
| Reserves | 13 | €423,404 | €445,684 | +€22,279 | +5.3% |
| Non-distributable reserves | 130/1 | €17,600 | €17,600 | = | 0.0% |
| Legal reserve | 130 | €17,600 | €17,600 | = | 0.0% |
| Distributable reserves | 133 | €405,804 | €428,083 | +€22,279 | +5.5% |
| Amounts payable | 17/49 | €21,749 | €20,806 | -€943 | -4.3% |
| Amounts payable within one year | 42/48 | €21,749 | €20,806 | -€943 | -4.3% |
| Current portion of amounts payable after more than one year | 42 | €6,905 | €6,261 | -€644 | -9.3% |
| Trade debts | 44 | €3,256 | €2,574 | -€682 | -20.9% |
| Suppliers | 440/4 | €3,256 | €2,574 | -€682 | -20.9% |
| Taxes, remuneration and social security | 45 | €11,588 | €11,971 | +€383 | +3.3% |
| Taxes | 450/3 | €11,588 | €11,971 | +€383 | +3.3% |
| Other operating charges | 640/8 | €2,032 | €2,063 | +€31 | +1.5% |
| Gross operating margin | 9900 | €32,658 | €33,346 | +€688 | +2.1% |
| Operating profit (loss) | 9901 | €30,626 | €31,282 | +€657 | +2.1% |
| Financial charges | 65/66B | €212 | €310 | +€98 | +46.0% |
| Recurring financial charges | 65 | €212 | €310 | +€98 | +46.0% |
| Profit (loss) for the period before taxes | 9903 | €30,413 | €30,972 | +€559 | +1.8% |
| Income taxes | 67/77 | €8,332 | €8,693 | +€361 | +4.3% |
| Profit (loss) for the period | 9904 | €22,082 | €22,279 | +€198 | +0.9% |
| Profit (loss) for the period to be appropriated | 9905 | €22,082 | €22,279 | +€198 | +0.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.